Trend Table for SAZ - Saratoga Investment Corp 8.50% Notes due 2028

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	A	Strong	Up	Flat	Flat	1.11%
Oct 23	A	Strong	Up	Up	Flat	1.05%
Oct 22	A	Strong	Up	Up	Flat	0.96%
Oct 21	A	Strong	Up	Up	Flat	0.99%
Oct 18	B	Strong	Up	Up	Flat	0.88%
Oct 17	B	Strong	Up	Up	Flat	0.91%
Oct 16	B	Strong	Up	Up	Flat	0.99%
Oct 15	B	Strong	Up	Up	Flat	1.01%
Oct 14	B	Strong	Up	Up	Flat	0.92%
Oct 11	B	Strong	Up	Up	Flat	1.34%